Results for “Debswana”

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News 2

Diamonds

Debswana seeks $6bn to take Jwaneng underground

Debswana is seeking about $6bn on international capital markets to fund an underground expansion at Jwaneng that would keep the mine running to 2054.

Roy Mulenga·17 June 2025·2 min read

M&A

De Beers and Botswana sign new 10-year sales deal and 25-year mining licence

De Beers and Botswana's government signed a new 10-year rough diamond sales agreement and a 25-year extension of Debswana's mining licences on 25 February 2025, alongside 10 billion pula of development funding for Botswana.

Roy Mulenga·25 February 2025·2 min read

Deals 1

Offtake · DiamondsBotswana and De Beers sign new Debswana sales pact and 25-year licence extension—Completed

Companies 1

DiamondsDebswanaA 50:50 joint venture between the government of Botswana and De Beers, formed in 1969, and the world's leading diamond producer by value. Diamonds account for roughly a third of Botswana's fiscal revenue, so Debswana's output decisions carry national economic weight.Gaborone2 stories